1. The problem asks for the lump sum amount, which is the total amount of money paid or received at one time, rather than in installments. 2. To find the lump sum amount in financial contexts, we often use the formula for the present value or future value depending on the problem. 3. For example, the future value formula is $$FV = PV \times (1 + r)^n$$ where $PV$ is the present value (lump sum), $r$ is the interest rate per period, and $n$ is the number of periods. 4. If you have the future value and want to find the lump sum (present value), rearrange the formula: $$PV = \frac{FV}{(1 + r)^n}$$ 5. This formula discounts the future amount back to the present, giving the lump sum amount. 6. Without specific numbers or context, this is the general approach to find the lump sum amount. 7. Please provide the interest rate, number of periods, and either the present or future value for a precise calculation.